UK's Area of Fraser to near 31 retail outlets affecting 6,000 jobs

UK's House of Fraser to close 31 stores affecting 6,000 jobs

LONDON (Reuters) - House of Fraser said on Thursday it has proposed closing 31 department stores in Britain in a move that affects up to 6,000 jobs.

FILE PHOTO: People walk past a House of Fraser store in central London, Britain January 11, 2017. REUTERS/Stefan Wermuth

The restructuring plan would leave the group with just 28 stores in the United Kingdom.

Reporting by Guy Faulconbridge; editing by James Davey

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August 29, 2018